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11-08-2012, 09:29 AM
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Senior Member
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Join Date: Oct 2011
Location: San Diego via Vermilion Ohio and Points Between
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Quote:
Originally Posted by piece-itpete
Bushes last year included the bailout, which was supposedly paid back, and Iraq, which is over.
However Obamas' numbers are the new norm.
Pete
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Just think how better off we would have been in 2009 if the recession had started with the Clinton budget surplus rather than Bush's overdrawn credit card ....
So Pete what if Obama just lets the fiscal cliff happen and the budget gets cut and your debt clock is turned backward...will you give him credit for that?
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Never was there a time when I did not exist, nor you, nor in the future shall any of us cease to be.
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11-08-2012, 09:45 AM
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Senior Member
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Join Date: Apr 2011
Location: Nashville, Tennessee
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Quote:
Originally Posted by Bigerik
I don't know if this has article has been disucssed over here, but I sure found it to be an interesting read.
http://www.marketwatch.com/story/oba...ned-2012-05-22
I really found this graph to be interesting:
So which party are the reckless spenders again?
As an interesting aside, it was our Federal Liberal party that had to step in with the tough medicine to fix our screwed economy and federal spending after years of conservative rule.
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Graphs are screwed. Especially the first one.. Obama '10 to '13?????? WTF happened to '09???? So they KNOW what the 2013 budget is GONNA be? What happened to the 780Bill Stimulus? I suppose they're counting 2013 because all the TAXATION for ObamaCare kicks in with NONE of the benefits.
I can tell you right how easy it is to frack with those numbers.. The $40Bill per year theft from Soc Sec that''s adding directly to the deficit?? It's not there because it's NOT SPENDING -- It's a "tax break". But it CAUSES spending. THis is Alice in Wonderland stuff untangling the lies and math masturbation...
Get the RIGHT numbers and we'll chat..
Last edited by flacaltenn; 11-08-2012 at 09:49 AM.
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11-08-2012, 09:48 AM
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Senior Member
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Join Date: May 2009
Location: Upper Canuckistan
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Quote:
Originally Posted by flacaltenn
Graphs are screwed. Especially the first one.. Obama '10 to '13?????? So they KNOW what the 2013 budget is GONNA be? What happened to the 780Bill Stimulus? I suppose they're counting 2013 because all the TAXATION for ObamaCare kicks in with NONE of the benefits.
Get the RIGHT numbers and we'll chat..
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Take it up with the CBO. Those are their numbers.
But you are good with all the other years, it seems?
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There never Was a Good War or a Bad Peace. - Benjamin Franklin.
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11-08-2012, 09:49 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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My debt clock LOL! Tell me, what has Obama done for me. Heck what's any Dem done for me?
And a Clinton surplus - ROTFLMAO!! Smoke and mirrors. According to the Treasury department there was never a year debt went down. Think about it. And even that included the SS surplus.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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11-08-2012, 09:59 AM
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Senior Member
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Join Date: Apr 2011
Location: Nashville, Tennessee
Posts: 1,145
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Quote:
Originally Posted by Bigerik
Take it up with the CBO. Those are their numbers.
But you are good with all the other years, it seems?
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No --- I'm not. ANYONE can take CBO numbers and make hash. And the CBO didn't prepare those graphs..
Who did???
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11-08-2012, 10:00 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Wow Erik, I'm getting dizzy reading all the spin.
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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11-08-2012, 10:01 AM
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Senior Member
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Join Date: May 2009
Location: Upper Canuckistan
Posts: 2,180
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Quote:
Originally Posted by merrylander
Wow Erik, I'm getting dizzy reading all the spin.
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I figured you'd be used to it by now.
__________________
There never Was a Good War or a Bad Peace. - Benjamin Franklin.
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11-08-2012, 10:04 AM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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Quote:
Originally Posted by flacaltenn
Graphs are screwed. Especially the first one.. Obama '10 to '13?????? WTF happened to '09???? So they KNOW what the 2013 budget is GONNA be? What happened to the 780Bill Stimulus? I suppose they're counting 2013 because all the TAXATION for ObamaCare kicks in with NONE of the benefits.
I can tell you right how easy it is to frack with those numbers.. The $40Bill per year theft from Soc Sec that''s adding directly to the deficit?? It's not there because it's NOT SPENDING -- It's a "tax break". But it CAUSES spending. THis is Alice in Wonderland stuff untangling the lies and math masturbation...
Get the RIGHT numbers and we'll chat..
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Tarp was passed under Bush. It is appropriate to attribute that spending to him.
Nearly half of the stimulus package was tax cuts. Are you suggesting that tax cuts should be counted in the spending?
A significant amount of the spending in the Obama administration was composed of i) continued spending on the wars in Iraq and Afghanistan; ii) interest on the debt compiled by his predecessor; and iii) unemployment benefits to the millions who had been thrown out of work by the Bush recession. Context matters.
Regards,
D-Ray
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Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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11-08-2012, 10:05 AM
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Senior Member
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Join Date: Apr 2011
Location: Nashville, Tennessee
Posts: 1,145
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This all leads back to guess where? Whitehouse.gov.. And if you look at the CBO numbers in Table 1.1 --- you'll see how deceptive those graphs are..
I'm not wasting unraveling this propaganda -- but it's propaganda..
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11-08-2012, 10:08 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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The problem with the CBO is, they are required by law to use the figures Congress tells them to.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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